Kraken Wrapped Bitcoin (kBTC) is currently priced at $63,705.71 USD. The price has increased 0.01% in the last 24 hours. It has a market capitalization of $377,757,916.963. Fully diluted valuation: $376,460,523.649. Circulating supply is 5,929.734 kBTC. Total supply is 5,909.369 kBTC.
kBTC is a fully backed, cross-network-compatible ERC-20 token. Each kBTC token is fully backed 1:1 by an equivalent amount of Bitcoin and held securely in Kraken’s custody. Clients can verify this for themselves at any time by inspecting our reserves onchain.
